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Napa Valley’s Schrader Cellars sold to Constellation Brands
Constellation Brands, Inc., the third-largest U.S. wine producer, continues to extend its portfolio of high-end wines with the purchase of Napa Valley’s Schrader Cellars, known for cabernet sauvignon.
The agreement between Victor, N.Y.-based Constellation and Calistoga-based Schrader includes vineyard sourcing, current inventories and eight Schrader cab labels. Other terms of...